Date:Nov 10,2016

TWM announced October consolidated revenue of NT$9.96bn. EBITDA was NT$2.79bn with an operating income of NT$1.64bn and net income of NT$1.30bn. EPS was NT$0.48. For the first ten months of 2016, TWM reported a consolidated revenue of NT$96.05bn, an EBITDA of NT$28.50bn, an operating income of NT$16.98bn and a net income of NT$13.18bn. EPS for the first ten months was NT$4.84.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that, October consolidated revenue was 6% lower YoY, due to a higher handset sales base a year ago resulting from the first month of launching iPhone 6S in October 2015. However, the consolidated EBITDA and net income increased by 10% and 20% YoY, respectively, benefitting from lowered handset subsidies and related expenses accordingly. Overall, year-to-October operating income grew 7% YoY. And, for the first ten months, net income reached 94% of the full-year guidance.

Taiwan Mobile Consolidated Results (Unaudited)

NT$mn

Oct. 2016

Oct. 2015

Jan.-Oct. 2016

Jan.-Oct. 2015

Revenue

9,961

10,546

96,051

96,156

   Operating Revenue1

7,963

7,986

79,578

77,627

   Handset Sales Revenue

1,998

2,560

16,473

18,529

EBITDA

2,788

2,543

28,498

27,025

Operating income

1,644

1,392

16,979

15,824

Pre-tax income

1,616

1,303

16,468

15,331

Net income

1,297

1,080

13,177

12,999

EPS (NT$)

0.48

0.40

4.84

4.78

Note 1: Derived from deducting handset sales revenue from the total revenue